Brown, Stephen P. A.; Virmani, Raghav; Alm, Richard - In: Economic Letter 3 (2008)
The first few months of 2008 saw crude oil prices breach one barrier after another. They topped $100 a barrel for the first time on Feb. 19, then rose past $103.76 about two weeks later, surpassing the previous inflation-adjusted peak, established in 1980. In April and early May, oil prices...
